Welcome to this week's edition of Black Book Market Insights, with in-depth analysis of used car and truck valuation trends and insights straight from the auction lanes. Click here to download the full report.
This week’s Black Book Market Insights report continues to track end-of-year trends, where car and truck depreciation have begun to stabilize. Cars saw their lowest depreciation of the month while trucks saw their lowest depreciation since September.
“The holiday season has brought stability to the car and truck market on the auction lanes,” said Anil Goyal, Vice President of Automotive Valuation and Analytics.
- Volume-weighted, overall car values decreased by 0.23% last week, lowest week over week change seen since the month of December.
- Prestige Luxury Car saw the largest changes this past week with a -$217 or 0.75% decrease from last week.
- Volume-weighted, overall truck values decreased by 0.18% last week, lowest week over week change since September.
- Full-Size Cargo and Passenger Vans and Mid-Size SUV’s saw the largest depreciations this past week with all three segments depreciating more than half a percent from last week.
Click here to download the full report
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